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Hello All,I’m am currently in the process of making my first real estate investment in the NYC/NJ metropolitan area. I am in search for a 3 to 4 unit property. I have applied with multiple lenders and have been approv...
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Hi All,I recently purchased property that I plan on flipping. It was a cash deal, so I am getting financing after the fact. I have great credit, and the deal is sufficient so appraisal will not be a problem. So obt...
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Hi All,Please be patient and kind, as I'm new to using hard money lenders, and am a tad confused. Using hypothetical numbers, let's say I need $80k to purchase a property and $50k to rehab, totaling $130k. The ARV is ...
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I am planning to do my first fix and flip in NJ and I am looking for financing. From what I have been reading, to get private money can be a bit of a challenge for the first project. I have been doing a bit of resea...
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Hello Everyone,
I am looking to break into the Real Estate game and trying to finance my first purchase.
For it, I am looking to house hack a 1 - 4 family building (duplex) here in Texas. Do I need to disclose to ...
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I have been trying to figure out after my first property purchase that I have renovated and rented. On how to now pull the equity gained. I have been shut down by different lenders because its under my LLC and not mys...
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I am in the process of trying to buy a HUD home, and my contract was ratified last Tuesday. I just found out that we have to do a 203K loan yesterday, after finally hearing back from HUD and the listing agent. Now, my...
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so i now see the rub. have been researching this "smart leverage" method, aka BRRRR. makes all the sense in the world until you find out that my local banks have absolutely no appetite for anything beyond 10 year ca...
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So I'm try to refinance my FHA mortgage, but I just found out that my HOA is not approved anymore with them. I try for a conventional 30yr and my DTI is to high. Not sure where to head now. I have a 5.25% rate currently
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We are looking to buy a vacation home in Orlando near Disney. The problem that we are having is figuring out how to finance these types of properties. The most recent property that we found is in need of some work as...